The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

Hours after returning to the White House, President Donald Trump made a symbolic mark on the future of artificial intelligence by repealing former President Joe Biden’s guardrails for the fast-develop

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.

Elon Musk said on Wednesday that the key backers of President Donald Trump's $500 billion AI project do not actually have the the capital to match their promised investments.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.

The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.

At the launch of Stargate Project, Oracle's Ellison said that AI could assist in identifying the cancer fragments early through a simple blood test, followed by gene sequencing of the tumour